Global Water Resources

Global Water Resources, Inc. engages in the operation and management of water, wastewater, and recycled water utilities. It also distributes recycled water throughout the communities through a separate system of pipes. The company was founded by Trevor T. Hill and William S. Levine on September 24, 2003 and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Global Water Resources reports robust Q4 earnings and growth outlook

Global Water Resources delivered a strong performance in Q4 2022, showcasing revenue growth and operational achievements.
Despite challenges in the market, the company's strategic strengths and growth initiatives position it well for the future.
Opportunities in organic expansion and acquisitions provide avenues for sustained growth and market expansion for Global Water.

Global Water Resources reports robust Q1 earnings and eyes expansion

Global Water Resources (GWRS) delivered strong financial results, highlighted operational achievements, and outlined strategic initiatives during the Q1 2023 Earnings Call. The company's focus on growth, scalability, and strategic acquisitions underscores a positive outlook for future performance and expansion.

Global Water Resources reports record operational achievements and revenue growth

Global Water Resources demonstrated strong operational performance and financial growth in Q2 2023, supported by record achievements and strategic acquisitions.
While facing challenges in managing increased operating expenses and accounting complexities, the company remains focused on long-term value creation and regulatory compliance.
Opportunities lie in leveraging recent acquisitions for expansion, enhancing the Total Water Management platform, and driving revenue growth through strategic initiatives.
Overall, Global Water Resources is well-positioned to navigate challenges, capitalize on opportunities, and sustain its growth trajectory in the water management sector.

Global Water Resources reports robust Q3 earnings and growth plans

Global Water Resources delivered strong financial results in Q3 2023, driven by revenue growth, improved profitability, and strategic initiatives for long-term growth.
While facing challenges in rising operating expenses and regulatory uncertainties, the company remains resilient and focused on operational efficiency and growth opportunities.
With a solid financial position and liquidity from the note purchase agreement, Global Water Resources is well-equipped to navigate challenges and capitalize on opportunities in the water utility sector.

Global Water Resources reports strong Q4 earnings and growth outlook

Global Water Resources delivered a robust performance in Q4 2023, driven by financial strength, operational efficiency, and customer growth.
While facing challenges related to infrastructure costs and regulatory matters, the company remains focused on strategic growth initiatives.
With a strong foundation in place, Global Water is well-positioned to capitalize on opportunities in key markets and drive sustainable growth.

Global Water Resources reports robust Q1 performance and expansion plans

Global Water Resources delivered a strong performance in Q1 2024, marked by revenue growth, customer base expansion, and strategic investments.
The company's focus on capturing growth opportunities in housing and industrial sectors, along with proactive regulatory engagement, positions it well for future success.
While facing integration challenges and industry competition, Global Water Resources can leverage its strengths to drive sustainable growth and enhance shareholder value.

Global Water Resources reports mixed Q3 performance, eyes growth opportunities

Global Water Resources delivered a mixed financial performance in Q3 2024, with a slight decline in total revenue but positive growth in regulated revenue and net income. Operational achievements, market growth in key areas, and future growth potential were key highlights of the earnings call. The company showcased strength in managing operational metrics and addressing regulatory activities, while also facing challenges in revenue generation and potential operational impacts of political changes.
Despite facing challenges, Global Water Resources remains well-positioned for growth, with opportunities in expanding service connections, infrastructure investments, and leveraging market growth in Arizona. Strategic focus on organic growth, new utilities, acquisitions, and rate cases can drive future success. Monitoring political changes and market dynamics will be crucial in navigating challenges and seizing growth opportunities.

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PHOENIX, July 23, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Friday, August 6, 2021 at 1:00 p.m. Eastern time to discuss results for the second quarter ended June 30, 2021. The financial results will be issued in a press release prior to the call.

Global Water Resources Sets Second Quarter 2021 Conference Call for Friday, August 6, 2021 at 1:00 p.m. ET

Global Water Resources' (GWRS) CEO Ron Fleming on Q1 2021 Results - Earnings Call Transcript

PHOENIX, May 05, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the first quarter ended March 31, 2021. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below.)

Global Water Resources Reports First Quarter 2021 Results

PHOENIX, April 15, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Thursday, May 6, 2021 at 1:00 p.m. Eastern time to discuss results for the first quarter ended March 31, 2021. The financial results will be issued in a press release prior to the call.

Global Water Resources Sets First Quarter 2021 Conference Call for Thursday, May 6, 2021 at 1:00 p.m. ET

PHOENIX, April 06, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has promoted Steven Brill to the new position of vice president of IT Operations and Security.

Global Water Promotes Steven Brill to Vice President of IT Operations and Security

PHOENIX, March 05, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the 33rd Annual ROTH Growth Conference being held virtually on March 15-17, 2021.

Global Water Resources Participate at the 33rd Annual Virtual ROTH Conference on March 15-17, 2021

Global Water Resources, Inc.'s (GWRS) CEO Ron Fleming on Q4 2020 Results - Earnings Call Transcript

PHOENIX, March 03, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the year ended December 31, 2020. All annual comparisons are to the previous year unless otherwise noted.

Global Water Resources Reports Fourth Quarter and Full Year 2020 Results

Global Water Resources has advanced sharply since November, and is up 50% recently. This raises some valuation concerns.

Global Water: I'm Still Bullish, Even At A Much Higher Valuation, On Positive M&A Feedback Loop

PHOENIX, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has entered into definitive agreements to acquire two small water utility companies, Twin Hawks Utility, Inc. and Rincon Water Company. Twin Hawks is located in Pinal County and Rincon is in Pima County. The acquisitions will add approximately 93 water connections.

Global Water Resources Signs Definitive Asset Purchase Agreements for Two Water Utilities

PHOENIX, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Thursday, March 4, 2021 at 1:00 p.m. Eastern time to discuss results for the fourth quarter and full year ended December 31, 2020. The financial results will be issued in a press release prior to the call.

Global Water Resources Sets Fourth Quarter and Full Year 2020 Conference Call for Thursday, March 4, 2021 at 1:00 p.m. ET

PHOENIX, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has entered into a master utility agreement with Nikola Corporation (NASDAQ: NKLA) to provide water and wastewater services to Nikola's new manufacturing plant in Coolidge, Arizona adjacent to Inland Port Arizona.

Global Water Resources to Provide Water Services to Nikola's New Zero-Emission Semi-Truck Manufacturing Plant

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PHOENIX, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has received a Certificate of Convenience and Necessity permit from the Arizona Corporation Commission (ACC) to exclusively provide water, wastewater, and recycled water services to a 3.4 square mile region in the central Arizona corridor between Tucson and Phoenix.

Global Water Resources Receives ACC Permit for Inland Port Arizona Mega Site, Expanding Certificated Service Area by 3.4 Square Miles

Global Water stock took a nasty spill earlier this year on pandemic concerns. Shares have now recovered all their prior losses as the company is reporting great earnings, recession notwithstanding.

Global Water: Q3 Earnings Wash Away Recession Concerns

PHOENIX, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Bank of America 2020 Water Conference being held virtually on Thursday, December 10, 2020.

Global Water Resources to Present at the Bank of America 2020 Water Conference on December 10, 2020

PHOENIX, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has acquired two small water utility companies, Tortolita Water Company and Lyn-Lee Water Company. They are located near Tucson, Arizona, close to the company's existing Red Rock Utilities.

Global Water Resources Acquires Two Water Utilities in Pima County, Arizona

PHOENIX, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has acquired Francesca Water Company, a small water utility located in the southwest area of Tucson, Arizona.

Global Water Resources Acquires Francesca Water Company in Pima County, Arizona

Global Water Resources, Inc. (GWRS) CEO Ron Fleming on Q3 2020 Results - Earnings Call Transcript

PHOENIX, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the third quarter and nine months ended September 30, 2020. All comparisons are to the same year-ago period unless otherwise noted.

Global Water Resources Reports Third Quarter 2020 Results

PHOENIX, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has acquired Mirabell Water Co., a small water utility located in the southwest area of Tucson, Arizona.

Global Water Resources Acquires Mirabell Water Company

PHOENIX, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Friday, November 6, 2020 at 1:00 p.m. Eastern time to discuss results for the third quarter ended September 30, 2020. The financial results will be issued in a press release prior to the call.

Global Water Resources Sets Third Quarter 2020 Conference Call for Friday, November 6, 2020 at 1:00 p.m. ET

PHOENIX, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has received national recognition as a ‘Utility of the Future Today’ for its superior water reuse approach by a national consortium of water and conservation organizations led by the Water Environment Federation (WEF).

Global Water Resources Receives ‘Utility of the Future Today’ Award

PHOENIX, Sept.  09, 2020  (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Janney Virtual Utilities Conference on September 15-16, 2020.

Global Water Resources to Present at the Janney Virtual Utilities Conference on September 16, 2020

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